Presidents Xi Jinping & Dilma Rousseff Witness BYD History
Brasilia, Brazil – BYD Company Ltd.’s Wang Chuanfu has made history by signing a contract to be the first Chinese manufacturer to open a battery factory in Brazil. The importance of the event was underlined by the presence of both Xi Jinping, the President of China, and Dilma Rousseff, the President of Brazil, whom were already together for the BRIC Summit in Brasilia.
Pictured above: Presidents Xi and Rousseff congratulate BYD’s Wang Chuanfu
The deal to build a factory in which BYD will produce their proven and powerful and completely recyclable Iron-Phosphate batteries will bring BYD’s investment in Brazil up to $400 million. The batteries will be manufactured in a factory with an area of 1,500,000 square meters, and support BYD’s growing new energy business throughout Latin and South America. After signing, BYD’s Founder and Chairman, Wang Chuanfu said he was highly honoured to be a part of such a historic moment, and in the company of two great public leaders. The deal was structured through Apex-Brasil, the Brazilian Trade and Investment Promotion Agency. Their President, Mr. Mauricio Borges, spoke of the importance of renewable energy technologies and how Brazil is at a critical point in history where they must begin adopting these alternative solutions.
This news comes on the back of another project BYD had just announced in the city of Campinas, Brazil. The Campinas factory is being opened to manufacture BYD’s long range pure electric bus the BYD ebus, as well as serve as a research and development facility for a number of BYD’s other renewable energy technologies.
ENDS
About BYD
BYD Company Ltd. is one of China’s largest companies. It has successfully expanded globally in Europe, North and South America. Specializing in battery technologies, their green mission, to “solve the whole problem”, has made them industry pioneers and leaders in several high-tech sectors including High-efficiency Automobiles, Electrified Public Transportation, Environmentally-Friendly Energy Storage, Affordable Solar Power and Information Technology and Original Design Manufacturing (ODM) services. BYD has made a strong entrance to the North, Central and South American markets with their battery electric buses, and lineup of automobiles. Their mission lies not just in sales growth, but also in sociological integration and local job creation as they have poured incredible investments into developing offices, dealerships and manufacturing facilities in the local communities they now call home, truly a first for Chinese companies. For more information, please visit www.byd.com or www.facebook.com/bydcompany
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